SEC Comment Letter for ADMA BIOLOGICS, INC. (ADMA) (CIK 0001368514) (ADMA) — Oct 19, 2017
ADMA BIOLOGICS, INC. (ADMA) (CIK 0001368514)
Date: Oct. 19, 2017 · CIK: 0001368514 · Accession: 0000000000-17-037082
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-220910
Letter
October 18, 2017 Adam S. Grossman President and Chief Executive Officer ADMA Biologics, Inc. 465 State Route 17 Ramsey, New Jersey 07446 Re:ADMA Biologics, Inc. Registration Statement on Form S-1 Filed October 11, 2017 File No. 333-220910 Dear Mr. Grossman: We have limited our review of your registration statement to those issues we have addressed in our comment. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this comment, we may have additional comments. Registration Statement on Form S-1 filed October 11, 2017 Underwriting, page 81 1.Based on your disclosure on the cover page and in this section, it appears you are registering a firm commitment underwritten offering of your common stock at a fixed price on a non-delayed and non-continuous basis. Given this, please explain your disclosure, "After the initial offering of the shares of Common Stock, the offering price and other selling terms may be changed by the underwriters." We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
FirstName LastNameAdam S. Grossman Comapany NameADMA Biologics, Inc. June 16, 2017 Page 2 FirstName LastName Adam S. Grossman ADMA Biologics, Inc. October 18, 2017 Page 2 Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Irene Paik at 202-551-6553 or Mary Beth Breslin at 202-551-3625 with any questions. Division of Corporation Finance Office of Healthcare & Insurance cc: David C. Schwartz, Esq. - DLA Piper LLP
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October 18, 2017
Adam S. Grossman
President and Chief Executive Officer
ADMA Biologics, Inc.
465 State Route 17
Ramsey, New Jersey 07446
Re:ADMA Biologics, Inc.
Registration Statement on Form S-1
Filed October 11, 2017
File No. 333-220910
Dear Mr. Grossman:
We have limited our review of your registration statement to those issues we have
addressed in our comment.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to this comment, we may have additional comments.
Registration Statement on Form S-1 filed October 11, 2017
Underwriting, page 81
1.Based on your disclosure on the cover page and in this section, it appears you are
registering a firm commitment underwritten offering of your common stock at a fixed
price on a non-delayed and non-continuous basis. Given this, please explain your
disclosure, "After the initial offering of the shares of Common Stock, the offering price
and other selling terms may be changed by the underwriters."
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
FirstName LastNameAdam S. Grossman
Comapany NameADMA Biologics, Inc.
June 16, 2017 Page 2
FirstName LastName
Adam S. Grossman
ADMA Biologics, Inc.
October 18, 2017
Page 2
Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
Please contact Irene Paik at 202-551-6553 or Mary Beth Breslin at 202-551-3625 with
any questions.
Division of Corporation Finance
Office of Healthcare & Insurance
cc: David C. Schwartz, Esq. - DLA Piper LLP